Fort Morgan Multi-Tenant Office

Sq Ft Available: 4,964 SF | DOWNLOAD BROCHURE

Value-add opportunity to acquire a 4,964 SF multi-tenant office building in the heart of Fort Morgan, the county seat and commercial hub of Morgan County. The property is leased to two established tenants — GOAL Academy Charter School, one of Colorado’s largest charter school networks, and Edward Jones, a national investment firm and long-term occupant of the building. With limited term remaining on both leases, the property presents a rare opportunity to capture near-term rent growth or transition to owner occupancy.

Both tenants are on legacy gross leases at rents well below market, creating a clear path to NOI growth. Comparable office space in the region commands $10–$12/SF NNN, positioning a new owner to capture meaningful upside through lease renewals, mark-to-market rent adjustments, and conversion to NNN structures that shift expenses to tenants.

• In-place rents significantly below the $10–$12/SF NNN achievable in the market
• Current leases do not reflect the true size of the building. Leased SF total 4,295 SF and actual building SF is 4,964 SF.
• Value-add through converting legacy gross leases to NNN structure at renewal
• GOAL Academy lease runs through June 2028 with 3% annual escalations, providing stable inplace income during repositioning
• Established, credit-caliber tenant roster: statewide charter school network and national brokerage firm
• County-seat location in Fort Morgan’s commercial core, serving a stable agricultural and food-processing economy along the I-76 corridor

Questions or want more information? Contact us today to schedule a tour!